RE: You're Steeming. You're Earning. But are you saving? :: An Eye Opener
I wouldn't bother saving for a college education. Colleges will all but die within this generation.
Everyone has a college degree, so a college degree is worthless.
College doesn't teach any job useful skills, so a college degree is worthless.
It used to be that a college degree would more than pay for itself. Now college leaves people in more debt that they will never pay off, and can't discharge.
Everything you want to learn in college is now on UTube. So, if you just want the knowledge, have at it. For free.
The SJWs have taken over colleges. So, if you are a cis-white-male, you have to keep your head down. Don't talk to anyone. Avoid women completemente! If you do not you risk being thrown out of college.
So, unless your child wants to be an engineer or a scientist, college just isn't worth it anymore.
You have a point there, that is also why we also decided to pull our eldest out of regular school and start homeschooling instead. There are lots of practical knowledge not being learned in school. However if we'd like our child to become medical doctor for example, then we cannot teach them that in homeschool right.
Regarding people who end up burdened in debt, then that may be because of poor financial planning in addition to a lot of ther unforeseeable life circumstances